23
A N N U A L R E P O R T 2 0 1 6
CORPORATE
GOVERNANCE
Guideline
Code and/or Guide Description Company¡¯s Compliance or Explanation
(c) review Management¡¯s performance;
(d) identify key stakeholder groups and ensure good corporate governance practices to
protect the interests of shareholders and recognise that their perceptions affect the
Company¡¯s reputation; and
(e) appoint or nominate persons to be appointed as Directors (on the advice of the
Nominating Committee) and to appoint key executives.
1.3
Has the Board delegated certain
responsibilities to committees? If
yes, please provide details.
To facilitate effective execution of its functions, the Board has delegated certain
responsibilities to the Audit Committee (the ¡°
AC
¡±), the Remuneration Committee (the
¡°
RC
¡±) and the Nominating Committee (the ¡°
NC
¡±) (collectively, the ¡°
Board Committees
¡±).
The compositions of the Board Committees are as follows:
Table 2 ¨C Composition of the Board Committees
AC
NC
RC
Chairman
Ong Chin Lin
Audrey Yap Su Ming Zainudin Bin Nordin
Member
Audrey Yap Su Ming Ong Chin Lin
Audrey Yap Su Ming
Member
Zainudin Bin Nordin Zainudin Bin Nordin Ong Chin Lin
These Board Committees operate under clearly defined terms setting out their respective
roles and report to the Board on the outcome and recommendations as discussed during
their respective committee meetings. The terms and the effectiveness of each Board
Committee are also reviewed by the Board on a regular basis.
